Valence Security, an early-stage firm with origins in Israel, has piqued the curiosity of venture capitalists.
The company has secured a USD 25 million Series A fundraising round headed by Microsoft’s M12 venture fund, exactly a year after emerging from stealth with aggressive intentions to attack software-as-a-service (SaaS) application security. Valence Security has now secured USD 32 million in total investment, providing a runway for the business to expand out its SSPM (SaaS Security Posture Management) platform in a profitable but congested sector.
Along with Microsoft’s M12 fund, prior investor YL Ventures, Porsche Ventures, Akamai Technologies, and Alumni Ventures participated in the investment round.
Read More: Microsoft M12 Leads $25 Million Valence Security Series A
For more such updates follow us on Google News ITsecuritywire News. Please subscribe to our Newsletter for more updates.
